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Tax, SMEs set to be ‘political football’ in 2019 as election nears

Tax, SMEs set to be ‘political football’ in 2019 as election nears

by Shared by AccountantsDaily | Dec 31, 2018 | News

With the Federal Budget due to be delivered a month early on 2 April 2019, Australians will likely be headed to the polls in May.Read more at the Accountants Daily.
Take a ‘closer look’ at new Leases standard, accountants urged

Take a ‘closer look’ at new Leases standard, accountants urged

by Shared by AccountantsDaily | Dec 31, 2018 | News

The new accounting standard AASB 16 Leases comes into effect 1 January 2019 and is one of the “triple threat” of major accounting standards being rolled out, including AASB 19 Financial Instruments and AASB 15 Revenue from Contracts with Customers.Read more at the...
Clients tipped to look for more financing support in 2019

Clients tipped to look for more financing support in 2019

by Shared by AccountantsDaily | Dec 28, 2018 | News

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has seen tighter lending conditions, with many clients starting to nominate access to credit as a key external risk to their growth.Read more at the Accountants...
MYOB directors set to back takeover bid

MYOB directors set to back takeover bid

by Shared by AccountantsDaily | Dec 28, 2018 | News

The MYOB board has agreed to recommend a “scheme of arrangement” to shareholders with US private equity giant KKR at $3.40 cash per share. Read more at the Accountants Daily.
Spike in accounting standards take-up spotted by mid-tier

Spike in accounting standards take-up spotted by mid-tier

by Shared by AccountantsDaily | Dec 27, 2018 | News

Earlier this month, ASIC expressed concern about the preparedness of entities for the new accounting standards, as it outlined its focus areas for its 31 December 2018 financial reporting surveillance program.Read more at the Accountants Daily.
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